City of Ottawa issued the following announcement on May 14.
Mayor Dan Aussem announces the City of Ottawa will be accepting a second round of grant applications for small businesses impacted by the Covid-19 virus. Illinois Department of Commerce & Economic Opportunity (DCEO) is offering a second Downstate Small Business Stabilization Program Grant administered through the City of Ottawa. Grant funds would be 60 days of working capital, up to $25,000.
Said funds will be used to assist private for-profit small retail and service business, or businesses considered non-essential by the Governor’s Executive Order without the ability for employees to work remotely.
To apply businesses must meet the following criteria:
• Demonstrate an urgent need for funds;
• Less than 50 employees;
• One full-time employee equivalent (other than the owner);
• Operation since January 1, 2017; and
• Solid commitment to retain permanent jobs.
City of Ottawa Staff will be hosting a conference call for businesses interested in the program on Thursday, May 7, 2020 at 5:30PM. The call in number is as follows: (425) 436-6394. Access code: 444221#
Initial applications are due by 4:30pm on Wednesday, May 13th.
Email applications and/or any questions to Dave Noble dnoble@cityofottawa.org or Tami Koppen at tkoppen@cityofottawa.org.
See DCEO website for more information: https://www2.illinois.gov/…/DownstateSmBizStabilizaition.as
Original source can be found here.
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